Tuesday, November 30, 2010

hybrids vs trucks comparing sales

Wow. Encouraging news.

Yearly truck sales have decreased by 57% since 2009, or, an average of -8.2% every year. In the same period, Hybrid sales in the United States have increased by an impressive 1,707,376%, or 165% each year. As the trends relate to the economy, neither category was affected much by the dot-bust recession from 2000-2002. Both categories show significant trending from 2003-2007, during which the U.S. average gas price rose sharply. During the recession of the last two years (during which gas prices dropped), Hybrids purchasing leveled off, while Truck purchases dropped drastically.

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